AK Holdings, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 16, 2022 at 02:21 pm IST
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AK Holdings, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was KRW 979,895.7 million compared to KRW 839,391.12 million a year ago. Net income was KRW 1,649.01 million compared to net loss of KRW 11,296.28 million a year ago. Basic earnings per share from continuing operations was KRW 126 compared to basic loss per share from continuing operations of KRW 864 a year ago. Diluted earnings per share from continuing operations was KRW 126 compared to diluted loss per share from continuing operations of KRW 864 a year ago. Basic earnings per share was KRW 126 compared to basic loss per share of KRW 864 a year ago.
For the six months, sales was KRW 1,799,735.56 million compared to KRW 1,548,601.35 million a year ago. Net loss was KRW 21,501.55 million compared to KRW 39,196.75 million a year ago. Basic loss per share from continuing operations was KRW 1,648 compared to KRW 3,003 a year ago. Diluted loss per share from continuing operations was KRW 1,648 compared to KRW 3,003 a year ago. Basic loss per share was KRW 1,648 compared to KRW 3,003 a year ago.
AK Holdings Inc is a Korea-based holding company that principally engaged in the management of its subsidiaries. The Company operates its business through five segments. The Chemical segment is mainly engaged in the manufacture and distribution of synthetic resins, surfactants, paints, phthalic anhydride and derivatives thereof. The Air Transportation segment mainly engaged in the provision of air transportation services. The Household Goods Cosmetic segment is mainly engaged in the manufacture and distribution of household goods and cosmetics. The Department Store segment is mainly engaged in the operation of department store. The Real Estate segment is mainly engaged in the development, sales and leasing of real estate development.